Luther Medical Shows 3rd-Quarter Profit

Luther Medical Products Inc., the Tustin manufacturer of catheter and neurodiagnostic products, said earnings for its third fiscal quarter totaled $14,632, or 1 cent a share, contrasted with a loss of $575,720, or 23 cents a share, for the same period a year earlier. Revenue showed a gain of 81% to $1.1 million from $562,811. For the nine months of its fiscal year, profit was $64,418, or 3 cents a share, contrasted with a loss of $766,360, or 33 cents a share, a year earlier. Nine-month revenue was $3.1 million, up from $2 million.